Northern Light Composites
An innovative startup that deals with research and development of natural fibres, recycled materials and innovative resins for the construction of sailing boats.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 Valuation: €0.0 | round | |
* | €600k | Seed | |
| Total Funding | 000k | ||
| EUR | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 577 % | (66 %) | 547 % | (45 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (27 %) | (21 %) | (104 %) | (39 %) | (107 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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nlcomp is an innovative startup that deals with solving one of the biggest problems in the composite industry: the end-of-life. We have designed a recyclable composite - patent pending - that solves the problems related to the end of life of fiberglass and that has a lower impact than traditional composites thanks to the use of natural or recycled fibers. To validate the composite we built sailing boats, the most important of which is called “ecoracer” and it has won the Italian Sportboat Championship and numerous international awards.